Arvind Subramanian: China’s ascendance

Arvind Subramanian explains that China’s ascendance is not approaching but already upon us. The country’s growing dominance will be more imminent, broader in scope and greater than previously imagined. He asks us to imagine a world with, not the G20, nor even the G2, but the sole G1: the reality is that China will rule the world. What does this mean for an increasingly vulnerable United States?